1-bedroom flat · LS10 1JP
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a well-positioned one-bedroom apartment in Magallan House, Armories Way, Leeds Dock (LS10 1JP) The property is currently tenanted and producing a rental income of £950 per calendar month (£11,400 per annum) , making this an appealing option for landlords and investors seeking an established income-producing property in one of Leeds' popular waterfront neighbourhoods.Key Selling Points One-bedroom apartment Currently tenanted Rental income of £950 pcm Annual rental income of £11,400 Popular Leeds Dock location Ideal investment opportunity Excellent access to Leeds city centre Close to an excellent range of bars, restaurants, shops and leisure facilities Contemporary waterfront development Well-connected location with excellent transport links Attractive option for both investors and owner-occupiers Property & LocationSituated within Magallan House at Leeds Dock , the apartment benefits from a desirable waterfront setting while being within easy reach of Leeds city centre.
Leeds Dock has become an established residential and leisure destination, offering a vibrant mix of restaurants, cafés, bars, shops and cultural attractions.The location is particularly attractive to tenants looking for convenient city living, with easy access to the city centre, major employment areas and transport connections.Investment OpportunityWith a current tenancy generating £950 per calendar month , equivalent to £11,400 per annum , the apartment provides an immediate rental income stream for an investor.The combination of its central Leeds location, established tenant, waterfront setting and strong rental appeal makes this a property worthy of consideration for investors looking to add a city-centre apartment to their portfolio.
A fantastic opportunity to acquire a tenanted one-bedroom apartment in the highly sought-after Leeds Dock area. Early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Apt 162 Magallan House, Armories Way Leeds, England
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